2min chapter

Better System Trader cover image

Using "Big Picture" Analysis to Guide Trading Decisions - Brent Penfold

Better System Trader

CHAPTER

Technical Analysis

When it's below a resistance and you're looking for lower and it's above support, this is a very simple technical analysis. What it's done is the market is aware of these levels. So if you drill down into intraday data and you can see that there's a bit of a spike up and a rejection, you'll go, Oh, I think I know.

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